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SEMC Federal Credit Union was chartered as a federal credit union in
1970. It was started by a small group of employees of St. Elizabeth
Hospital in Covington, Kentucky. These few saw a need for a credit
union that would serve the employees of the hospital. In 1978 St.
Elizabeth's South Unit was built in Edgewood, Kentucky and the hospital
became St. Elizabeth Medical Center. As the South Unit grew, so did the
credit union. In 1989 the credit union moved its main office to the
South Unit in Edgewood, but maintained a branch office in the Covington
hospital.
In 1989, Tri State Health was added to the credit union's field of
membership. Over the years, Summit Health Group, St. Elizabeth Grant
County, Anesthesiology Associates, Tristate, Transcare, and
Commonwealth Orthopaedic Centers were also added.
In June 1999, another location was added at 577 Dudley Road in
Edgewood, Kentucky. This is now the main office for SEMC Federal Credit
Union. There are also branch offices located at St. Elizabeth Medical
Center South in Edgewood and St. Elizabeth Medical Center North in
Covington.
SEMC Federal Credit Union has seen tremendous growth over the 40+ years
of its existence. Assets have doubled since 1990. Many services have
been added. The credit union is now full-service, with checking
accounts, online home banking, and ATM machines
at the St. Elizabeth Medical
Center South and North locations, the Grant County Medical Center,
and at the Main office on Dudley Road.
Even with the expansion and growth that has been seen, SEMC Federal
Credit Union remains faithful to the vision of the few who saw a need
in 1970 and acted to give the employees a financial institution where
they are not customers, they are members.
Click Here
for Board of Directors List
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